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Featured local agent — Palmer, NE
Sarah Mitchell
Compass Real Estate · Palmer, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palmer, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$264,480median sale price
How is the Palmer, NE housing market right now?
The median home sale price in Palmer, NE is $264,480, up 8.8% year-over-year. Homes sell in an average of 239 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Palmer a buyer's or seller's market?
Palmer, NE is currently a seller's market, based on 0.5 months of supply and homes selling in about 239 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
239
Average pace
Active listings
1
0.5 months supply
Sale-to-list
96.6%
Below asking
What does the Palmer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $264,480 |
| Median list price | $130,000 |
| Year-over-year price change | +8.8% |
| Average days on market | 239 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $110/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Palmer by property type?
How the Palmer, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $335,111 | $85/sq ft | 1 | 288 days |
Source: Redfin · Updated monthly
The Palmer housing market is currently classified as a seller's market with a median sale price of $264,480. Prices have risen 8.8% compared to last year, with homes spending an average of 239 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Palmer
There are currently 1 homes listed for sale in Palmer, Nebraska. The median listing price is $130K.
Active listings
1
Homes on market
Median list price
$130K
Avg. days on market
239
Days until sale
New this week
1
Newly listed
Who lives in Palmer?
Population
446
Median income
$54,861/yr
Median age
38.3 years
Owner-occupied
85.6%
College grads
17.2%
Avg commute
31 min
Source: U.S. Census Bureau ACS
What are homes worth in Palmer?
Zillow home value
$288,514
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Palmer?
Palmer is a community of approximately 0K residents with a median age of 38.3 years.The median household income is $54,861, which represents a working-class community with solid middle-income opportunities. 17.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 31 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Palmer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palmer?
2 schools tracked · 318 students
The largest public schools serving Palmer, NE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PALMER ELEMENTARY SCHOOL
Grades PK-6 · 203 students
PALMER JUNIOR-SENIOR HIGH
Grades 7-12 · 115 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Palmer, NE?
Want a head-to-head view? Compare Palmer side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Palmer?
The median home sale price in Palmer is $264,480, up 8.8% from last year.
How long do homes stay on market in Palmer?
Homes typically spend 239 days on market before going under contract.
What is the median income in Palmer?
The median household income is $54,861 per year.
Is Palmer a buyer's or seller's market?
With 0.5 months of supply, Palmer is currently a seller's market.
What is the Zillow home value estimate for Palmer?
The Zillow Home Value Index (ZHVI) for Palmer is $288,514, representing the typical home value in the area.
How much does a single-family home cost in Palmer?
The median single-family home price in Palmer, NE is $335,111 (about $85 per square foot).
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